As Bitcoin continues to captivate investors around the world by reaching new all-time highs, an unexpected voice is rising to temper the euphoria surrounding the crypto queen: that of Ki Young Ju, CEO of CryptoQuant, a reference in the sector. In a context where the markets are stimulated by the prospects of a reduction in Fed rates and the repercussions of the recent American presidential elections, Ki Young Ju makes a strange and far from optimistic prediction. According to him, Bitcoin could fall by nearly 24% by the end of 2024, with a level around $58,974. This prediction, although out of step with the current enthusiasm, is based on a careful analysis of past trends and market data.
The article Bitcoin facing a 24% drop by the end of 2024? The shocking prediction of the CEO of CryptoQuant appeared first on Cointribune.
